Hotels, Resorts & Cruise Lines

JP Morgan reiterated its Overweight rating on Marriott International (NYSE: MAR). At the same time, JP Morgan left its price target on the company's stock unchanged at $47. In today's trading, Marriott added 0.42% to its value to trade around $35.72.

Bank of America reiterated its Buy rating on Marriott International (NYSE: MAR). At the same time, Bank of America left its price target on the company's stock unchanged at $42. On Tuesday, Marriott ended the day at $35.57.

Marriott International, Inc. (NYSE: MAR) marked progress today toward the planned spin-off by year-end of its vacation club business into a separate publicly traded company, announcing that its subsidiary, Marriott Vacations Worldwide Corporation, the new corporate name for the vacation club...

Consumer prices in Canada are expected to grow at an annualized pace of 3.3% for the third consecutive month in May, and slowing inflation could weigh on the exchange rate as the central bank maintains a balanced tone for future policy. Trading the News: Canada Consumer Price Index What's...

At 10:10 am, the Dow rose 0.69% to 12,126.85, the broader Standard & Poor's 500 index moved up 0.70% to 1,289.11 and the NASDAQ composite index gained 0.69% to 2,706.80. The industries that are driving the market today are: Management Services: This industry jumped 2.78% by 10:10 am. The top...

Deutsche Bank made a number of updates in a research report published today. PGT Inc (NASDAQ: PGTI) had its rating maintained at Buy and its price target reiterated at $3.50. On Friday, PGT added 7.18% to its value to finish the week at $1.94. Cliffs (NYSE: CLF) had its rating maintained at Buy...

Jefferies attended meeting with the management of Hersha Hospitality (NYSE: HT). In a research report published today, Jefferies states, “We believe HT's 2011 outlook reconfirms what other operators consider to be a back-end loaded year, and 2Q has progressed well. We believe HT will benefit...

Deutsche Bank is lowering its price target on shares of Carnival Corporation (NYSE: CCL) to $46 from $50, but it still has a Buy rating on shares. In a note to clients, Deutsche Bank writes, "Overall EPS guidance for the year was revised down by just under 6% from $2.55-$2.65 to $2.40 to $2.50....

Adding even more muscle to its portfolio in China, Starwood Hotels & Resorts Worldwide, Inc (NYSE: HOT) today announced that its iconic Sheraton brand will open seven more hotels in China before the end of September. News of these openings coincides with a month-long relocation of Starwood's...

Rodman & Renshaw reiterated its Market Outperform rating on Carnival Corporation (NYSE: CCL). At the same time, the rating agency reduced its price target on the company's stock from $47 to $45 in spite of the company's better than expected quarterly earnings report. In a research report...

IT recruitment group Interquest (LON:ITQ) has acquired Contract Connections Ltd (CCL), a technology staffing business specialising in the provision of contract and permanent IT personnel to the legal sector. The company is paying a total consideration of up to £4.6 million for CCL, which is...

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announces that it has signed an agreement with Silk Way Airlines LLC to open a Sheraton hotel in Baku, Azerbaijan this Fall.

Rodman & Renshaw provided color on Carnival (NYSE: CCL) in a research report published today. Rodman & Renshaw have previously given Carnival a Market Outperform rating and $47 price target. In the report, Rodman & Renshaw states, "CCL reported 2Q results that were above our estimates...

Carnival Corporation (NYSE: CCL) shares are soaring today, gaining more than 4% after the company reported quarterly earnings this morning, and updated its guidance for the rest of the year. The company reported second quarter earnings of 26 cents per share on $3.6 billion in revenues, as fuel...

Shares of Jefferies Group Inc (NYSE: JEF) fell about 1.3% after the company reported a 3.8% drop in its fiscal second-quarter profit on Tuesday. Jefferies reported its quarterly profit at $80.6 million, or $0.36 per share, down from $83.8 million, or $0.41 per share, in the year-earlier period....